Garware Hi-tech Films
In at 5600. Stop at Days low.
A good traction yesterday in Arvind enabled me to take this trade. Clean base breakout on the back of a strong result, went right and now breaking out again. 25% rvol in first 15, hoping for a strong close.
#Garwarehitech
Mangalam Worldwide
In at 366.4
SL - 354.65. RVOL 226%
Clean base breakout, went sideways and now coming out of that tightness. Metal Sector. High Beta. Slightly low liquidity. Only taking this trade due to good traction in previous trades.
#MWL
Arvind Ltd. In at 459.23
SL - 445
Rvol in first 15 mins - >50%
Came out of a long base on the back of strong results. Went sideways, and now breaking out. Tight on the right and high rvol made me take the entry. However, market not very supportive, so smaller position.
#Arvind
@piyushchaudhry Sir if we take the lows of the marked circles in blues, then we did close above it on the weekly chart before a red candle. Which is clearly a fake breakout. How to save ourselves from those?
Shreeji Ship.
In at 435. SL - 420 (day low)
Rvol - 65% in the first 2 hours, hoping for the follow through on strong volumes.
Clean Base on Base Setup. Shipping Names are really strong. Check SCI, GE SHIPPING, SEAMEC.
#Shreeji
DIAMOND POWER - In at 184.91
SL at day's low.
Rvol in the first hour - 130%
Long base with some tightness on the right. Power sector and very high RS
However, market conditions are not very supportive, so will be very aggressive to cut back the position incase it goes against me
Higher Number of stocks will protect you in a downtrend. Will be interesting to see bandhan’s performance vs peers when the cycle changes. Your views on this?
I read something really interesting about Investing today.
All Past Declines look like an opportunity, all future declines look like a risk.
~Morgan Housel
Depicts the sentiments of people such simply!
#Investing
Out of my positions, only HBL and Mayur have held. Rest all SLs are hit. Bliss cut at cost considering there were results too.
Will wait for new entries. Nothing new for now.
%of stocks to 34.1% today. The tide has turned pretty quickly. Hoping for some bounce and then it might create a mini base which can again be constructive. Only time will tell. Will see what it does.
No predicting. Only following. Bliss today was a bad entry. Exited at cost.